Lendlease Group (OTCMKTS:LLESY) Short Interest Update

Lendlease Group (OTCMKTS:LLESY) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 252 shares, a decline of 64.6% from the April 30th total of 712 shares. Based on an average daily volume of 3,254 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Lendlease Group to a “hold” rating in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Lendlease Group Price Performance

OTCMKTS LLESY traded down $0.03 during mid-day trading on Friday, reaching $2.08. The stock had a trading volume of 444 shares, compared to its average volume of 1,063. Lendlease Group has a 1 year low of $2.00 and a 1 year high of $3.79. The company has a fifty day moving average price of $2.32 and a 200 day moving average price of $2.94.

About Lendlease Group

Lendlease Group is a multinational property and infrastructure company headquartered in Sydney, Australia. The firm specializes in end-to-end capabilities spanning development, construction, project management, investment, and asset and property management. Its offerings cover residential, commercial, retail, logistics, and social infrastructure sectors, with a focus on sustainable and integrated urban regeneration.

Founded in 1958 by Dutch-born engineer Dick Dusseldorp, Lendlease has grown from its origins in Australian housing development to become a global player.